binhp
71 posts
msg #52055
- Ignore binhp |
6/7/2007 1:22:26 PM
I am trying to use the VIX as a trigger to start a buy or a sell.
What is the the symbol of the VIX in SF or SF2.0 ?
Thanks
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karennma
8,057 posts
msg #52056
- Ignore karennma |
6/7/2007 1:48:38 PM
If SF had that feature, I would imagine it would be ^VIX.
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binhp
71 posts
msg #52059
- Ignore binhp |
6/7/2007 4:01:05 PM
I tried all the followings and none work:
^VIX
$VIX
VIX
Stockfetcher, do you have any idea ?
bp
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glgene
613 posts
msg #52061
- Ignore glgene |
6/7/2007 4:24:38 PM
Type VIX in the Help screen, and you'll get some reference to VIX.
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binhp
71 posts
msg #52065
- Ignore binhp |
6/7/2007 8:35:43 PM
glgene,
There is a referece to VIX which points me to stockcharts.com
However, I want stay within SF and run backtesting.
Thanks anyway.
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karennma
8,057 posts
msg #52076
- Ignore karennma |
6/8/2007 8:52:06 AM
Binhp:
You can use "inverse" ETFs and get the same result as ^VIX or $VIX.
Here are some inverse ETFs that move in tandem with the $VIX.
PSQ
SH
MYY
DOG
QID
SDS
MZZ
DXD
Stockfetcher rules!
:>)
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karennma
8,057 posts
msg #52899
- Ignore karennma |
7/9/2007 9:13:41 AM
Binhp:
I dunno if you're still here, but ... to address the issue of using the VIX as a buy or sell "trigger". Just IMHO ... frankly, I don't see how you can use it.
There are plenty of inverse ETFs that emulate the VIX.
And,like the VIX, you'd think when they hit a bottom, that would be a sell signal.
But in THIS particular market, that's not the case.
This market just keeps going up.
So altho' TWM and QID came up on my radar this morning, I'm not going to sell my long positions.
I've just become cycnical about these "signals".
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maxreturn
745 posts
msg #52900
- Ignore maxreturn |
7/9/2007 9:35:32 AM
karennma, I agree with you that the VIX on a standalone basis is pretty much useless as a short selling timing indicator in a strong bull market. However, it is very good as a timing indicator for initiating long positions on dips in a bull market.
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